Indian Renewable Energy Development Agency Limited

NSE IREDA.NS

Indian Renewable Energy Development Agency Limited Debt to Equity Ratio for the year ending March 31, 2024: 5.92

Indian Renewable Energy Development Agency Limited Debt to Equity Ratio is 5.92 for the year ending March 31, 2024, a 129,309.48% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.
  • Indian Renewable Energy Development Agency Limited Debt to Equity Ratio for the year ending March 31, 2023 was 0.00, a -90.62% change year over year.
  • Indian Renewable Energy Development Agency Limited Debt to Equity Ratio for the year ending March 31, 2022 was 0.05, a -16.15% change year over year.
  • Indian Renewable Energy Development Agency Limited Debt to Equity Ratio for the year ending March 31, 2021 was 0.06, a 845.49% change year over year.
  • Indian Renewable Energy Development Agency Limited Debt to Equity Ratio for the year ending March 31, 2020 was 0.01, a -13.33% change year over year.
Key data
Date Debt to Equity Ratio Debt to Income Ratio Debt to Tangible Net Worth Ratio Dividend Coverage Ratio
Market news
NSE: IREDA.NS

Indian Renewable Energy Development Agency Limited

CEO Mr. Pradip Kumar Das
IPO Date Nov. 29, 2023
Location India
Headquarters August Kranti Bhavan
Employees 160
Sector Utilities
Industries
Renewables Hydro Energy Solar Energy Wind Energy
Description

Indian Renewable Energy Development Agency Limited, a non-banking financial company, provides financial products and services in the renewable energy and energy efficiency sectors in India. It operates in two segments, Financing and Generation. The company promotes, develops, and extends financial assistance for setting up projects relating to new and renewable sources of energy and energy efficiency/conservation. It also generates solar, wind, hydro, and waste to energy power. The company was incorporated in 1987 and is based in New Delhi, India.

StockViz Staff

January 15, 2025

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